Yum China Holdings, Inc ( YUMC ) shares are trading lower Wednesday after the first-quarter 2025 earnings. The company reported first-quarter revenue growth of 1% year-on-year to $2.98 billion, missing the analyst consensus estimate of $3.09 billion. In addition: Total system sales rose 2% year-over-year, excluding currency effects, due to 4% of net new unit contribution. Same-store sales advanced to 100% of last year's...

April 30 (Reuters) - Dutch chip-making equipment supplier ASM International has started local production of tools for U.S. chipmakers in response to the U.S. tariffs backdrop, its Chief Executive said on Wednesday. We've already started to manufacture some of the tools for our customers in the U.S., just to get us started, CEO Hichem M'Saad said a day after the...

WASHINGTON, April 30 (Reuters) - Google hopes to enter an agreement with Apple ( AAPL ) by the middle of this year to include its Gemini AI technology on new phones, CEO Sundar Pichai said in testimony at an antitrust trial on Wednesday. (Reporting by Jody Godoy; Editing by Doina Chiacu;) ...

SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...